$3,500,000

Commercial For Sale In Employment, Burlington, Ontario

$3,500,000

Property Information:

GE1 Zoned 6000 sq. ft. building with two tenants. Tenant A Enterprise Car Rental paying $84,000.00 per year net till September 30,2027 with no further options to renew. Enterprise would like to do a early renewal if purchaser wants an extremely good Tenant otherwise vacant possession of the Unit (Enterprise) would be October 1st 2027. Tenant B is also 3000 sq. ft. paying $61,800/2024, $63,800/2025, $65,550/2026, $67,500.00/2027. Tenant B has an option to renew for one 3 year term at negotiated rates. On a month to month bases Tenant A is paying $24,000 per year for 90% of the rear compound. Total present net income for 2024 is $169,800.00.

Property Features:

  • Bedrooms: 0
  • Acres Range:
  • Basement: None
  • Exterior Features: Storage
  • Floor Space (approx): 6000 Square Feet
  • Lot Depth: 302.68 Feet
  • Lot Features: Ample Parking, High Traffic Area, Highway Access, Public Transit
  • Lot Frontage: 100.21 Feet
  • Water Source: Municipal
  • Zoning: GE-1
  • Sewer: Sewer (Municipal)

Courtesy of: Martel Commercial Realty Inc.

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